The MSE Share Index ended this morning’s session practically unchanged as the gains in GO and Crimsonwing were counterbalanced by the declines in the share prices of BOV and MaltaPost. Meanwhile, the other three active equities ended the session unchanged. Download a copy of the Equity Market Summary.

On the bond market, the Rizzo Farrugia MGS Index inched minimally higher to just above 1,019.211 points as Eurozone yields dipped below the 1.80% level. Markets this morning welcomed the news that US President Barack Obama is set to appoint Janet Yellen (currently Vice-Chairman) as Chairman of the US Federal Reserve.

The share price of Crimsonwing advanced to a new all-time high as further demand for this equity resulted in an increase of 0.7% to the €0.775 level on volumes of 72,550 shares. The IT Company is scheduled to hold its Annual General on 16 October for shareholders to consider and approve a number of resolutions including the recommended final gross dividend of €0.01 per share. Shareholders as at the close of trading on 17 October will be eligible to receive this dividend.

The only other positive performing equity was GO which closed this morning’s session 1.4% higher to regain the €1.50 after recovering from an intra-day low of €1.44 for the second consecutive session.

On the other hand, the share price of BOV eased 0.2% lower to €2.475 across seven deals totalling 8,300 shares. The September 2013 full-year results are expected to be announced by the end of October.

Similarly, MaltaPost continued to retreat from its all-time high of €1.105 (reached on 18 September) with a further 1.9% drop back to the €1.05 level on a single deal of 12,623 shares. The postal operator’s financial year also ends on 30 September with the preliminary results generally published by early December.

In the banking sector, HSBC held on to the €2.62 level on volumes of 7,300 shares.